The U.S. must act to rein in its massive budget deficits or face the risk of a bond market crisis, former Fed Chairman Alan Greenspan said Sunday. If deficits begin to frighten the bond market, interest rates will rise, undermi…
For a host of reasons, other countries would love to free their economies from the stranglehold of the U.S. dollar’s influence, especially now, when the Fed’s stimulus actions are pushing the dollar lower, and everything else h…
On the eve of an economic summit in South Korea, disturbing signs of discord are emerging over currency valuations and trade between the U.S. and its major trading partners. Failure to achieve an agreement could set off more “c…
Some of the best reads for investors from around the Web, including posts evaluating how consumers spend their money, whether Google could be considered a monopoly and the debate about the Fed’s policy on quantitative easing.
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After initially voting for the QE2 plan, Federal Reserve Governor Kevin Warsh said in a speech Monday that the government’s decision to buy $600 million worth of bonds to spur the economy is a bad idea.
Continu…